Would it help MORE to bail us out instead of wall street? >>>look<<
Here’s the plan:
*I’m against the ,000,000,000.00 bailout of AIG.*
Instead, I’m in favor of giving ,000,000,000 to America in a *We
Deserve It Dividend*.
To make the math simple, let’s assume there are 200,000,000 bonafide
U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman
and child. So 200,000,000 might be a fair stab at adults 18 and up..
So divide 200 million adults 18+ into billon that equals
5,000.00.
My plan is to give 5,000 to every person 18+ as a *We Deserve It
Dividend*.
Of course, it would *NOT* be tax free. So let’s assume a tax rate
of 30%.
Every individual 18+ has to pay 7,500.00 in taxes. That sends
,500,000,000 rig ht back to Uncle Sam.
But it means that every adult 18+ has 7,500.00 in their pocket. A
husband and wife has 5,000.00.
*What would you do with 7,500.00 to 5,000.00 in your family?*
*Pay off your mortgage – housing crisis solved.*
*Repay college loans – what a great boost to new grads*
*Put away money for college – it’ll be there*
*Save in a bank – create money to loan to entrepreneurs.*
*Buy a new car – create jobs*
*Invest in the market – capital drives growth*
*Pay for your parent’s medical insurance – health care improves*
*Enable Deadbeat Dads to come clean – or else*
*Remember this is for every adult U S Citizen 18+ ‘including the
folks who lost their jobs at Lehman Brothers and every other company
that is cutting back. And of course, for those serving in our Armed
Forces.
If we’re going to re-distribute wealth let’s really do it…instead
of
trickling out a puny 00.00 ( ‘vote buy’ ) economic incentive that
is being proposed by one of our candidates for President.
If we’re going to do an billion bailout, *let’s bail out every
adult U S Citizen 18+!*
*As for AIG – liquidate it.*
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
*Here’s my rationale.* *We deserve it and AIG doesn’t.*
=0 A
*Sure it’s a crazy idea that can ‘never work.’*
But can you imagine the *Coast-To-Coast Block Party*!
How do you spell* Economic Boom?*
*I trust my fellow adult Americans to know how to use the
Billion*
*We Deserve It Dividend* more than I do the geniuses at AIG or in
Washington DC ..
And remember, The Chud plan only really costs .5 Billion because
.5 Billion is returned instantly in taxes to Uncle Sam.
Ducati. did you read this? Obviously NOT. Its people like you that make this country go down hill.
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3 comments
Flyby on August 26, 2009 at 3:13 pm
You don’t seem to understand that the government is supported from taxes they take from us. Any money the government gives us will cost us dearly in the future. I am against the bail out of these investment banking companies. We should allow market forces to work. Loans are still being made to credit worthy customers. It isn’t up to the government to bail out companies who make poor business decisions. That is what this is really all about. It is socialism at work. Capitalism only works when there are risks and opportunities. The only thing this bail out will really do is protect investors from losing their investment. Most of these investors have made a fortune off of so called sub prime loans. Now that the bubble has burst, they want the government to bail them out.I want to see a much smaller government. If we bail these companies out it will create yet another useless government bureaucracy which will continue to drain our pockets. The only thing we should want from our government is to stay out of our lives. I am surprised at how many people in this country still don’t understand that money the government gives out comes from taxpayers.
ducati on August 26, 2009 at 3:13 pm
The so called bail out you are talking about is actually a loan that has to be repaid in two years. Any more stupid questions?
Andrea on August 26, 2009 at 3:13 pm
I’m not sure where you picked this up but I read it in a forum yesterday and the "simple" math referenced at the beginning is flawed.
85,000,000,000 divided by 200,000,000 = $425 per person
Once you realize this flaw, then consider the rest of the things being said here.
That said, I don’t agree with bailing out private companies who caused this problem. I do agree with helping people already in homes who might lose them to help them get in a place where they can pay for it. There are many plans out there to do this and I think the mortgage companies who made these loans need to work with the folks who can’t pay due to outrageous interest rates.
Of course, the problems are more than just bad mortgages right now but I think solving that would go a long way to straightening out this mess.